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Contreras-Sweet sworn in at SBA

President Barack Obama and Vice President Joe Biden both took part in the April 7 swearing-in ceremony for Maria Contreras-Sweet as administrator of the Small Business Administration. She was nominated for the post in January and confirmed by the Senate on March 27.

"I nominated Maria because she knows firsthand the challenges that small businesses go through," Obama said at the ceremony, "and she has a proven track record of helping them succeed."

Contreras-Sweet, a first-generation Mexican-American, founder of ProAmérica Bank and a former California state official, said her mission "is to make the SBA an agency that's as innovative as the small businesses that we serve."